Wednesday
June 17
2026

NiDCOM, Afretrade Launch $500 Billion Diaspora Investment Initiative to Empower African SMEs

By Blessing Joseph

A major initiative aimed at mobilising more than $500 billion in diaspora investment capital to support African businesses, entrepreneurs and economic development has been launched by key stakeholders, including the Nigerians in Diaspora Commission (NiDCOM) and Afretrade Incorporated.

Source: MSME Africa (link opens in a new window)

Tags
global development, impact investing, international trade, MSMEs, partnerships